Are there conflicts of interest in Tesla after Elon Musk’s decisions?

According to the investor Gary Blacklos shareholders and investors car brand Tesla respect the importance of Elon Musk as head of the company. However, reported what do not share the business decisions of the entrepreneurespecially his enthusiasm for cryptocurrencies and the purchase Twitter on October 27, 2022.

On December 21, 2022, after months marked by controversies before users of social networks, Elon Musk confirmed his resignation as CEO on Twitter. About, KoGuan LeoTesla’s third largest shareholder, shared his enthusiasm for the CEO change; and he added that Elon Musk is irreplaceable for car brand.

Along these lines, the US Senator from Massachusetts, Elizabeth Watts, commented a series of doubts about Elon Musk’s decisions. Among them, he asked if the CEO of Tesla does his work in the legal contextas well as if they have been presented conflicts of interest between companies and business partners.

In statements for the opinion and analysis medium specialized in the energy transition of transport, ElectrekTesla spokesmen commented that the company it will stop hiring and increase the suspension of employees during the first quarter of 2023. Likewise, the report informed that Elon Musk justified these acts based on considering a grim economic outlook for 2023.

figures shared by MarketWatchcompany platform Dow Jonesreported that Tesla It is ranked number 11 of the worst stock market participants in 2022. In this regard, MarketWatch reported that the Actions of the auto giant were reduced 60 percent in 2022.

Through a publication performed by The Vergethe Delawar Court Chancerye shared the transcript of Elon Musk’s statements before the US court on the occasion of his duties as a manager in the company Twitter. Regarding the case, they highlighted that the businessman do not want to work as CEO in any company; which has generated tensions with Tesla’s business participants.

Faced with this fact, Elizabeth Warren stated that Tesla “not Elon Musk’s private gaming space”. Also, by means of a private letter, he asked the investors if the Tesla’s downfall and the controversial decisions of the businessman affected your financial situation.


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